Abstract
The well-known research carried out by Busenitz and Barney (1997) exploring differences in the decision-making processes between entrepreneurs and managers in large organizations has been revisited and redesigned as a starting point to create a computational and theoretical Multi Agent Model (MAM) which shows differences in the decision-making processes. In the original study, researchers showed the presence of a different disposition in incurring in biases and in heuristics by entrepreneurs and managers. In particular, two interesting trend curves on the Overconfidence effect have been realized. Authors concluded by stating that the Overconfidence effect is significantly different in entrepreneurs and managers and helps distinguish between these two work categories. Starting from this conclusion and from their results, a computational and theoretical MAM has been designed, where, as suggested by the authors, different decision-maker agents can incur in the Overconfidence effect with different degrees.
| Original language | English |
|---|---|
| Title of host publication | Distributed Computing and Artificial Intelligence, 11th International Conference |
| Editors | Sigeru Omatu, Hugues Bersini, Juan M. Corchado, Sara Rodriguez, Paweł Pawlewski, Edgardo Bucciarelli |
| Place of Publication | Cham |
| Publisher | Springer |
| Pages | 79-83 |
| Number of pages | 5 |
| ISBN (Electronic) | 9783319075938 |
| ISBN (Print) | 9783319075921 |
| DOIs | |
| Publication status | Published - 2014 |
| Event | 11th International Symposium on Distributed Computing and Artificial Intelligence (DCAI) - Salamanca, Spain Duration: 4 Jun 2014 → 6 Jun 2014 |
Publication series
| Name | Advances in Intelligent Systems and Computing |
|---|---|
| Publisher | Springer |
| Volume | 290 |
| ISSN (Print) | 2194-5357 |
| ISSN (Electronic) | 2194-5365 |
Conference
| Conference | 11th International Symposium on Distributed Computing and Artificial Intelligence (DCAI) |
|---|---|
| Country | Spain |
| City | Salamanca |
| Period | 4/06/14 → 6/06/14 |
Keywords
- Multi Agent Models
- Organizations
- Entrepreneurs
- Biases
- Overconfidence
Cite this
Differences between Entrepreneurs and Managers in Large Organizations : An Implementation of a Theoretical Multi-Agent Model on Overconfidence Results. / Sartori, Riccardo; Ceschi, Andrea; Scalco, Andrea.
Distributed Computing and Artificial Intelligence, 11th International Conference. ed. / Sigeru Omatu; Hugues Bersini; Juan M. Corchado; Sara Rodriguez; Paweł Pawlewski; Edgardo Bucciarelli. Cham : Springer , 2014. p. 79-83 (Advances in Intelligent Systems and Computing; Vol. 290).Research output: Chapter in Book/Report/Conference proceeding › Conference contribution
}
TY - GEN
T1 - Differences between Entrepreneurs and Managers in Large Organizations
T2 - An Implementation of a Theoretical Multi-Agent Model on Overconfidence Results
AU - Sartori, Riccardo
AU - Ceschi, Andrea
AU - Scalco, Andrea
PY - 2014
Y1 - 2014
N2 - The well-known research carried out by Busenitz and Barney (1997) exploring differences in the decision-making processes between entrepreneurs and managers in large organizations has been revisited and redesigned as a starting point to create a computational and theoretical Multi Agent Model (MAM) which shows differences in the decision-making processes. In the original study, researchers showed the presence of a different disposition in incurring in biases and in heuristics by entrepreneurs and managers. In particular, two interesting trend curves on the Overconfidence effect have been realized. Authors concluded by stating that the Overconfidence effect is significantly different in entrepreneurs and managers and helps distinguish between these two work categories. Starting from this conclusion and from their results, a computational and theoretical MAM has been designed, where, as suggested by the authors, different decision-maker agents can incur in the Overconfidence effect with different degrees.
AB - The well-known research carried out by Busenitz and Barney (1997) exploring differences in the decision-making processes between entrepreneurs and managers in large organizations has been revisited and redesigned as a starting point to create a computational and theoretical Multi Agent Model (MAM) which shows differences in the decision-making processes. In the original study, researchers showed the presence of a different disposition in incurring in biases and in heuristics by entrepreneurs and managers. In particular, two interesting trend curves on the Overconfidence effect have been realized. Authors concluded by stating that the Overconfidence effect is significantly different in entrepreneurs and managers and helps distinguish between these two work categories. Starting from this conclusion and from their results, a computational and theoretical MAM has been designed, where, as suggested by the authors, different decision-maker agents can incur in the Overconfidence effect with different degrees.
KW - Multi Agent Models
KW - Organizations
KW - Entrepreneurs
KW - Biases
KW - Overconfidence
U2 - 10.1007/978-3-319-07593-8_10
DO - 10.1007/978-3-319-07593-8_10
M3 - Conference contribution
SN - 9783319075921
T3 - Advances in Intelligent Systems and Computing
SP - 79
EP - 83
BT - Distributed Computing and Artificial Intelligence, 11th International Conference
A2 - Omatu, Sigeru
A2 - Bersini, Hugues
A2 - Corchado, Juan M.
A2 - Rodriguez, Sara
A2 - Pawlewski, Paweł
A2 - Bucciarelli, Edgardo
PB - Springer
CY - Cham
ER -